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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Office buildings
401 Dayton Vly Rd Dayton, NV 89403-8928
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US62-0892563
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1981
Total area
8,454 SF
Lot
0.89 ac (38,768 SF)
Zoning code
C2
APN
016-362-07
UPID
US62-0892563
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
E & A Behavioral Mental Health: Edwards K Anthony PHD Physician Medical Clinic
-
El Dorado Storage & Office Suites, LLC Storage Facility
-
Lip TriX Medical Clinic Skin Care Clinic
-
Jennifer Hawelu, LCSW Psychotherapist
-
Do or Dye Studio Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$432k
Blend (final)
Blend
$645k
Owner & transaction history
David L Godley · 6 yrs held
David L Godley
since 2020
Last sale
$681,000
6 recorded transactions
Zoning & alternative use
C2 · Dayton, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$765,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$810,000
Current use
INDUSTRIAL (GENERAL)
$785,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $681k (May 28 2020)
Last sale anchor
$681k
May 28 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$76 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,137
Tax year 2024
Assessed value
$120,052
Assessed 2024
Previous assessed
$112,554
+6.7% YoY
Effective rate
3.45%
On assessed value
Assessed land
$30,123
Assessed improvement
$89,929
Land market value
$86,065
Improvement market value
$256,941
Total market value
$343,006
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1981
Heating
NONE
Buildings
3
Units
3
Total area
8,454 SF
Lot
0.89 ac (38,768 SF)
Zoning code
C2
APN
016-362-07
UPID
US62-0892563
Jurisdiction
LYON
Zoning & alternative use
C2 · Dayton, NV
Zoning C2 · permitted uses
C2 · Dayton, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dayton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$810,000
INDUSTRIAL (GENERAL)
Est. value
$785,000
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Buildings
3
Units
3
Lot
0.89 ac
Current owner
From public records · entity-resolved
David L Godley
Individual
Mailing address
8905 LIMNOL ST, RENO, NV 89506-7740
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2020
$681,000
David L Godley
Debra M Ramadan
Bargain And Sale Deed
$476,000 · United FCU
Feb 1, 2012
$472,500
Debra M Ramadan
Western Highland Mtg Fund I Ll
Grant Deed
$322,500 · Western Highland Mortgage Co
Sep 23, 2008
$405,131
Western Highland Mtg Fund I Ll
Phil Frink & Associates INC
Trustees Deed
related
—
Feb 21, 2007
$800,000
Compass Ents LLC
Hofer,patricia J
Grant Deed
$400,000 · Western Highland Mortgage Co
Jun 13, 2005
$730,000
Patricia J Hofer
Messina,thomas A
Grant Deed
$450,000 · Thomas A Messina
Feb 13, 2004
$525,000
Thomas A Messina
Dimartino,frank
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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